Description
Maher Commercial Realty is pleased to present this unique opportunity to purchase a +/- 4,000 square foot retail building. A successful hardware store with a 40+ year track record, the building and hardware assets are both available for purchase. There is no lease in place. The building is situated on a +/- 4,290 square foot lot, zoned LCC3 and located in South Los Angeles.
Strategically positioned between 7-Eleven and El Super (rapidly expanding supermarket chain), the subject property enjoys prime visibility and accessibility. Just east of Firestone Blvd and Central Ave, this intersection is the main retail corridor serving the surrounding 53,000 single-family homes with an average of 4.2 persons per household in a 2-mile radius. From national brands like KFC, Taco Bell, Family Dollar, Church’s, and Burger King, to local services like laundry, auto repair, florist, barbershop, mobile phone provider, and church, 1118 Firestone is in the center of it all.
An established hardware store has been serving the community here for 40 years. The hardware assets are also for sale. Estimated retail value of the inventory is $360,000.
Property Features:
- List Price: $995,000 Property + Hardware Assets
- Building Sq.Ft: ±4,000 SF
- Lot Size Sq.Ft.: ±4,290 SF
- Price Per Sq.Ft.: $248.75
- Zoning: LCC3
- APN: 6043-001-006
Retail Value of Inventory: $360,000*
*Per independent valuation
*Interior photos were taken recently and show the types and quantities of inventory, display shelving, storage, equipment, etc. that can be included in the property sale.
*Previous operator had a successful 40+ year history at this location. There is no lease or business license in place.
